✨ Financial Statement




NEW ZEALAND GAZETTE

No. 100


CAPITAL POWER LIMITED

Electricity (Information Disclosure) Regulations 1994

Line Business Statement of Financial Performance for the 12 months ended 31 March 1995

Notes Line Business
31-Mar-95
$(000)

Operating Income

Sales of Line Services | | 52,877 |

Cost of Transmission Services

Purchase of Transmission Capacity | | 24,018 |

Gross Profit | | 28,859 |

Less Expenses

Operating Expenses | 12 | 12,042 |
Interest on Loans | 12 | 357 |
Depreciation | | 2,243 |
Audit fees | | 45 |
Directors & Management Fees | 11 | 76 |
Rental & Operating Lease Costs | | 0 |
| | 14,763 |

SURPLUS FROM LINE SERVICES | | 14,096 |

Other Income (Net)

Miscellaneous Income | 13 | 0 |
Interest Income | 14 | 655 |
Total Other Income | | 655 |

NET PROFIT BEFORE TAXATION | | 14,751 |

Taxation | 15 | 5,030 |

NET PROFIT AFTER TAXATION | | 9,721 |

Opening Retained Earnings (1 April 1994) | | 15,793 |

Less:
Transfer to/(from) General Reserve| 4 | 0 |
Dividend | | 11,516 |

Closing Retained Earnings | | 13,998 |

The statement of accounting policies and the notes form an integral part of and should be read in conjunction with these financial statements.



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🌾 Line Business Statement of Financial Performance for Capital Power Limited

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Financial Performance, Line Business, Electricity, Capital Power Limited